Breaking: Shake up at YuMe, founder replaces CEO
Summary
He replaces Michael Mathieu, who was brought in about three years ago to bring some sales expertise to the tech-heavy startup. Kadambi returns to the day-to-day CEO role after three years serving as president and board member, while mostly leading product development. While Mathieu is stepping down from the chief executive role, he will remain on the company’s board. Prior to joining YuMe, Laehy had served as CFO of companies like CloudShield Technologies, which was acquired by SAIC; Collation, which was acquired by IBM; (s IBM) and Covad Communications, which he helped take public. Earlier this year, YuMe also hired Bryan Everett as its EVP of Business Development and Ed Haslam as SVP of Marketing.
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$10M to $25M